New Delhi, June 2 -- A dramatic 95 per cent drop in the cost of solar photovoltaic modules - from over Rs 200 per watt in 2010 to under Rs 9 in 2024 - is helping propel India toward a potential clean energy revolution, according to new research from the India Energy & Climate Center (IECC) at the University of California, Berkeley.

The study, Plummeting Solar+Storage Auction Prices in India Unlock Affordable, Inflation-Proof 24/7 Clean Power, suggested that the price plunge is not merely a technological milestone - it's a tipping point. It means India can now feasibly generate and store solar power for round-the-clock use at a price lower than most industrial electricity tariffs and new coal-fired power plants. Solar-plus-storage system...